Keller company has a material price standard of 200 per

Assignment Help Accounting Basics

Reference no: EM13582289

1.The per-unit standards for direct labor are 2 direct labor hours at $9 per hour. If in producing 1,200 units, the actual direct labor cost was $19,200 for 2,000 direct labor hours worked, the total direct labor variance is

$2,400 unfavorable
$2,400 favorable
$1,500 unfavorable
$720 unfavorable

2.Keller Company has a material price standard of $2.00 per pound. Three thousand pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 3,000 pounds, although the standard quantity allowed for the output was 2,700 pouns.
Keller company's materials quantity variance is

$600 U
$600 F
$660 U
$660 F

Reference no: EM13582289

Questions Cloud

The most important methodological problems in the : 1. asbestos exposure has been associated witha.pesticides from the organochloride family b.asbestosis malignant

Haver company currently produces component rx5 for its sole : haver company currently produces component rx5 for its sole product. the current cost per unit to manufacture the

Describe the substantive auditing procedures brown may : computer-assisted substantive tests for inventory brown cpa is auditing the financial statements of big z wholesaling

Rolen inc is in the process of preparing the fourth quarter : rolen inc. is in the process of preparing the fourth quarter budget for 2010 and the following data have been

Keller company has a material price standard of 200 per : 1.the per-unit standards for direct labor are 2 direct labor hours at 9 per hour. if in producing 1200 units the actual

Hanson company is constructing a building construction : hanson company is constructing a building. construction began on february 1 and was completed on december 31.

Precision numbers inc manufactures pocket calculators costs : precision numbers inc. manufactures pocket calculators. costs incurred in making 25000 calculators in april included

A lease contains a bargain purchase option in determining : 1. the market price of a bond issued at a discount is the present value of its principle amount at the market effective

The management of rockos pizzeria is considering a special : the management of rockos pizzeria is considering a special promotion for the last two weeks of october which is

User Account

All Pages